Well, here is another creeping bullish divergence that the emotional herds simply do not want to pay attention to. It will be interesting to check the Fed numbers on money supply this weekend as well, but we know what direction they have been heading in now don't we?There are experts on deflation cropping up everywhere and suddenly everybody knows who Nouriel Roubini is. Meanwhile, the banks are easing their stance and global forces pump to beat the band. We will not exit the deflation fear stage easily or without aftershocks, but everything is falling into place for the next inflation cycle.
